Ministerial Pension Plan (MPP)
The Ministerial Pension Plan (MPP) provides clergy with a pension for their years of ministry with The United Methodist Church from 1982 through 2006. The plan is designed to provide participants with one piece of their overall retirement portfolio.
MPP was replaced by the Clergy Retirement Security Program, effective January 1, 2007. However, if you have an MPP account, it will continue to be invested, and you will receive benefits from the plan as before.
MPP is a 403(b) retirement plan. Contributions are held in a trust and are credited to an account held for your retirement benefit. Upon retirement, at least 65% of your account balance must be annuitized. The remaining 35% may be annuitized or paid in a lump sum or partial lump sums at your option.
Only people who had MPP accounts before January 1, 2007 are eligible to participate in MPP.
For More Information
Refer to the following documents and resources for more information:
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